Full cycle

CW Pharmacy II DST reached full cycle with the sale of its three net-leased CVS and Walgreens pharmacies

Its pharmacies in McAllen, Newport News and Dunkirk sold inside Inland Private Capital's five-month 2022 wave of 29 CVS and Walgreens dispositions.

Published Updated

CW Pharmacy II DST is full cycle. The Delaware Statutory Trust (DST) held three net-leased properties, a CVS in McAllen, Texas, a CVS in Newport News, Virginia, and a Walgreens in Dunkirk, New York, and they were sold as part of Inland Private Capital's 2022 wave of pharmacy dispositions.

The offering as filed


Sponsor

Inland Private Capital

Asset class

Other Real Estate (net-leased pharmacy)

Offering amount

$10,010,063

Minimum investment

$25,000

Exemption

506(b)

First Form D

August 9, 2012

That wave ran to 29 CVS and Walgreens properties, approximately 398,000 square feet in all, sold across five months of 2022 by Inland Private Capital ("IPC"). CW Pharmacy II DST is recorded as part of it.

The record on this Trust stops there. No sale price, closing date, or per-property result specific to CW Pharmacy II DST is on the public record, no trust-level return was disclosed, and no offering document stating the Trust's distribution terms is publicly available. The Form D carries no performance figures.

The hold period is therefore not established. The Form D date above is a filing date, not an acquisition date, and where this Trust's own closing fell inside IPC's five-month selling period is not disclosed.

The disposition is the first full cycle Top1031 records for IPC.